Commercial Finance Manager Aerospace Group
EATONIrvineUpdate time: February 21,2023
Job Description
Eaton Corporation is currently seeking a Commercial Finance Manager to join our team. This position is based out of the Aerospace headquarters in Irvine, CA. The Commercial Finance Manager for the Aerospace Group is accountable for influencing business decisions aligned to our overall Aerospace growth strategy primarily focused on new technology development and manufacturing investments. You will act as a business partner to the VP of Engineering & Technology, VP of Strategic Planning & Marketing and the VP of Commercial Management and provide functional leadership to the commercial finance organization to drive strategic finance alignment across R&D, capital expenditures, sales, pricing, contracts, and program management. In this role you will: Provide leadership and guidance on key R&D and captial investments ensuring that the P&L remains aligned with winning priority programs and markets. Understand market dynamics for potential growth opportunities, estimate the financial implications of investments in these areas and partner with the VP of Engineering & Technology and the VP of Strategic Planning & Marketing on related financial assessments. Provide functional leadership to the Aerospace Group commercial finance organization while partnering closely with the Aerospace Finance leadership team to establish and improve key performance indicators, drive functional excellence, share best practices and build organizational capability. Act as a manager of people for a Commercial Finance Analyst who will provide on-going financial program management support for the Aerospace Advanced Technology and Innovation Group and manage reporting and analysis work for front-end organizations primarily focused on realized price variance and sales to undestand impact to business performance and compensation programs. Lead the 5 year Strat Plan and the New York analyst processes through financial coordination and consolidation across divisions. Partner with the VP of Commercial Management to review and analyze all group level new program bids cross divisions. Make recommendations on strategic approach to moving forward with bid/no bid and provide insights into risks associated with bid. Consult with contracts teams on the implication of terms and identify any potential financial risks. Ensure business performance is accurately recorded and reported and is adhering to compliance, risk & control requirements through accounting standards and regulatory requirements by working closely and collaborating across division commercial finance teams. Stay informed of M&A opportunities and how they align with our overall growth strategy. Support adhoc financial analytics and the Group FP&A team as needed. Qualifications Basic Qualifications: Bachelor’s degree in finance or accounting from an accredited institution. Minimum of 10 years financial experience within a manufacturing organization This position requires use of information or access to hardware which is subject to the International Traffic in Arms Regulations (ITAR). All applicants must be U.S. persons within the meaning of ITAR. ITAR defines a U.S. person as a U.S. Citizen, U.S. Permanent Resident (i.e. 'Green Card Holder'), Political Asylee, or Refugee Must be legally eligible to work in the United States on an on-going basis without Company sponsorship Position Criteria Thorough knowledge and understanding of accounting principles and concepts. Pronouncements of external regulatory bodies, such as Financial Accounting Standards Board, SEC, IRS, IASB, etc. International experience across financial disciplines, i.e., tax strategies, transfer pricing, currency hedging, statutory reporting, legal entity implications, etc. Ability to prepare, analyze and interpret financial and operations analyses/reports. Working knowledge of financial and ERP systems. Capable of evaluating talent and building organizational capability. Requires good mentoring and coaching skills. Continuously re-assesses the organization’s skills, competencies and abilities to meet the business needs and drive results. Effectively drives and manages change, challenges the status quo and champions new and innovative ideas. Demonstrates professional presence, communicates articulately and confidently. Exhibits managerial courage in defending a position and handling conflict. Effectively leverages functional and cross-functional resources to solve problems, improve processes and meet objectives. Acts as a business partner – sees the big picture – provides broad thought leadership. At Eaton, we strive to provide compensation and benefits that attract, engage, and retain the best talent. This includes competitive pay and a variety of benefit programs for eligible employees. The expected annual salary range for this role is $ 150,938 – $221,375 a year. Please note the salary information shown above is a general guideline only. Salaries are based upon candidate skills, experience, and qualifications, as well as market and business considerations. This position is also eligible for a variable incentive program. We know that good benefit programs are important to employees and their families. Eaton provides various Health and Welfare benefits as well as Retirement benefits, and several programs that provide for paid and unpaid time away from work. Click here for more detail: Eaton Benefits Overview. Please note that specific programs and options available to an employee may depend on eligibility factors such as geographic location, date of hire, and the applicability of collective bargaining agreements. Eaton considers qualified applicants regardless of criminal histories, consistent with local laws. To request a disability-related reasonable accommodation to assist you in your job search, application or interview process, please call us at 412-893-3600 to discuss your specific need. Only accommodation requests will be accepted by this phone number. All other inquiries related to your job search will not be supported by this phone number. Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy, helping to solve the world’s most urgent power management challenges, and doing what’s best for our stakeholders and all of society. Founded in 1911, Eaton has been listed on the NYSE for nearly a century. We reported revenues of $19.6 billion in 2021 and serve customers in more than 170 countries. Our culture is built on a strong commitment to practicing our core values and supporting our employees with the tools they need to succeed. We have demonstrated our passion for sustainability with the announcement of cutting carbon emissions from the company’s operations by at least 50 percent by 2030. Eaton is committed to having a workforce that is diverse and non-discriminatory at all levels, reflecting the diversity of our customers and the varied environments in which we conduct business around the world. Our success depends on our ability to attract and retain the very best people unlimited by race, color, social or economic status, religion, national origin, marital status, age, disability, veteran status, sexual orientation, gender identity or any protected status. Eaton follows relevant non-discrimination laws and regulations in the countries where we operate. It is the policy of the Company to make all decisions regarding employment, including hiring, compensation, training, promotions, transfers, or lay-offs, based on the principle of equal employment opportunity as defined above. Job: Finance/Accounting Region: North America – US/Puerto Rico Organization: AER Aerospace Group Job Level: Director Schedule: Full-time Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: No Does this position offer relocation?: Relocation from within hiring country only Travel: Yes, 10 % of the Time

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